Whether your Office Tower is The Empire State Building or a
smaller, newer property, ELLIOTT® is capable of providing professional
appraisal service anywhere in the United States, as well as internationally.
Office Towers typically contain multiple tenants with
multiple and varying leases. In some cases Office Towers will be single tenant
occupied and/or owner occupied. Appraisers typically rely upon the Income
Approach to Value as a primary value indicator in appraising Office Towers. The
quality of tenant(s), level of occupancy, terms of existing leases and the
general office market in which a property is located are important factors in
appraising an Office Tower.
Our service is available for existing and occupied Towers,
as well as planned Office Towers. Planned projects are appraised subject to
completion by plans and specifications. We are capable of providing As
Completed Value Appraisals prior to stabilization, as well as
Prospective/Stabilized Value appraisals assuming future rental stabilization.